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Home/News Feed/Render price rises 3.55% as bullish W pattern forms, targeting $2.646 resistance for confirmation.

RENDER

Rp27,067

-Rp504 -1.83%

Render price rises 3.55% as bullish W pattern forms, targeting $2.646 resistance for confirmation.

Technical Signals

09 Apr 2026

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Bullish

Render's price increased by 3.55% to $2.071 on April 9, forming a bullish W pattern on the daily chart with key lows in September 2025 and February 2026. Technical indicators like the Supertrend turning green at $1.631 and a positive MACD histogram suggest growing buying momentum. The critical resistance level to confirm the pattern is $2.646, with a potential upside target of $3.00 if broken. A drop below $1.631 would invalidate the recovery and risk a fall to the February lows near $1.20.

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